Page 1737 - Company News

Tata Motors plans to delist American Depositary Shares from January

Tata Motors's stock remains listed on the BSE and the National Stock Exchange of India

Qualcomm's venture capital arm planning to pick up stakes in EV startups

The company is also open to mergers and acquisitions in the auto tech space

Adani Ports acquires 49.38% stake in Indian Oiltanking for Rs 1,050 crore

According to the statement, the acquisition is well aligned with APSEZ's strategy of becoming the largest transport utility

Lakshmi Mittal's brother sued over 'sham' loans to quit bankruptcy

Inauthentic debt worth over £2 billion from "friendly creditors" helped him "swamp" through the required votes from lenders for the payment arrangement, Moorgate's lawyers claim

Vedanta to plant 1 mn saplings in Odisha as part of afforestation efforts

The firm has joined hands with the World Economic Forum for the one trillion trees movement

Air India leases six A320 neo aircraft from China Development Bank Aviation

The leasing agreement was signed on the sidelines of the Airline Economics Growth Frontiers Asia Pacific 2022 conference, said the CDB Asia statement.

Adani Group enters Sri Lanka's port industry as the first Indian operator

The group will have the majority stake in the West Container International Terminal Joint Venture (JV) which is valued at $700 million.

CreditAccess Grameen to raise Rs 15 crore via ECBs, says MD Udaya Kumar

Additionally, its public issue of non-convertible debentures (NCDs) worth up to 5 billion Indian rupees ($61.4 million) will launch on Nov. 14

Amazon, TVS Motor announce arrangement to scale up EV deployment

Companies will examine using electric vehicle for the network and logistical requirements of Amazon business groups

Mahindra ties up with three EV infra players for charging solutions

Mahindra unveiled its first all-electric SUV -- XUV400 -- recently

Two-thirds of Indian knowledge workers likely to switch jobs in 2023: Study

A majority say they feel burned out and want better communication from their company's leaders

Disney+ Hotstar paid user base up 42% in July-Sept; firm says it may shrink

This is the second time the company has pointed to a likely drop in subscribers in the future due to the absence of IPL

HR tech start-up Keka raises $57 mn in series A funding by WestBridge

The company helps businesses by automating payroll, recruiting, performance management

Ramco Cements to spend Rs 731 cr on capex in H2FY23, posts Rs 11 cr Q2 PAT

Its cement capacity has gone up to to 21 mtpa with clinker capacity of 14 mtpa

Godrej Properties net profit up 54% to Rs 55 cr, net income grows 13%

Company says it has added 6 new projects with a total saleable area of 6.34 million sq ft

Manipal Hospitals partners with Google Cloud to improve patient service

Healthcare company will use Google Cloud's technology for virtual care and other services

IndiGo to start flights from Arunachal's first civil airport from Nov 28

This is in line with the carrier's vision to enhance connectivity in the Northeast

Bharat Forge's subsidiary bags $155.5 mn order to export artillery guns

Bharat Forge has been consolidating its defence and aerospace business under Kalyani Strategic Systems with an aim to target export opportunities in the defence sector

IndiGo announces Itanagar as 75th domestic destination in 6E network

Travellers can explore the glacial lakes of Sangetser and Sela, meditate in the Taktsang Gompa, or go up the Gorichen Peak, which offers excellent views of the town below

Twitter turbulence puts focus on brand security in social media advertising

Focused approach to media targeting, using third-party verification tools among measures advertisers are adopting